$650,000
$700,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Okeechobee, FL 34974
1.1 Acres Lot
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Taylor Crk Dev 02
MLS Listing ID OK220406
Sold Date 04/04/22
Construction Status No Contingency
HOA Y/N No
Year Built 1940
Annual Tax Amount $5,664
Lot Size 1.100 Acres
Acres 1.1
Property Description
LAKE OKEECHOBEE ACCESS-
Seven Unit Mobile Home Park.
Waterfront – 7 Unit Multi-Family Property located on Taylor Creek with direct access to Lake Okeechobee. 1+/- acre with city water and septic.
These 7 Units consisting of (3) Single-Family Detached homes, (3) Manufactured Homes, and one RV pad.
2021 Gross Revenue of $78,000.00, expenses of $10,000.00 with a Net Income of $68,000.00. Cap Rate of 9%.
Possible owner finance
Location
State FL
County Okeechobee
Community Taylor Crk Dev 02
Interior
Cooling Other
Exterior
Waterfront false
Building
Foundation Crawlspace, Slab
Lot Size Range 1 to less than 2
Structure Type Other
New Construction false
Construction Status No Contingency
Others
Ownership Sole Proprietor
Special Listing Condition None
Read Less
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Bought with STELLAR NON-MEMBER OFFICE